MIDWAY GOLD APPOINTS WILLIAM ZISCH AS CHIEF EXECUTIVE OFFICER

MIDWAY GOLD APPOINTS WILLIAM ZISCH
AS CHIEF EXECUTIVE OFFICER
DENVER, CO – October 15, 2014 – Midway Gold is pleased to announce William M.
Zisch has been appointed as the Company’s new President and Chief Executive
Officer. Mr. Zisch will succeed Kenneth Brunk, who previously announced his
retirement. Mr. Zisch’s appointment will be effective on or before December 10,
2014. In the interim, Mr. Brunk will work with the Midway team and with Mr. Zisch
to ensure a smooth transition.
Timothy Haddon, Chairman said, “Today, we have made an excellent selection in Mr.
Zisch to lead Midway as we transition to an operating gold mining company. Bill is a
proven leader with strong mining operations experience and, very importantly, a
business vision with an enthusiasm to bring people together to build a great
company. His vision for Midway from early production stage through the next stages
of expansion and growth is essential in this time of transformation. We very much
look forward to this next chapter.
At this same time, we thank Ken for his many contributions over the last few years.
Midway’s advancement from exploration to the brink of gold production under his
leadership, especially in such a short timeframe, speaks to his abilities as a focused
developer, and it speaks to his passion for this industry. We wish him all the best in
retirement.”
October 15, 2014
Mr. Zisch brings with him more than 30 years of mining industry and professional
experience. He joins us from Royal Gold, Inc. where he has been Vice President of
Operations since March 2009. Prior to joining Royal Gold, he spent 12 years with
Newmont Mining Company in various international assignments serving as the
Operations Manager at the Yanacocha mine in Peru and later as the Vice President
of African Operations while based in Ghana. Mr. Zisch served as Vice President of
Planning during his last 2 years at Newmont where he was responsible for companywide strategic, operational and capital planning. Prior to his tenure at Newmont, Mr.
Zisch spent 16 years with FMC Company, where he held several positions in coal
and gold operations and strategic sourcing roles in the company’s Chemical Group.
Mr. Zisch holds an MBA degree from the Wharton School at the University of
Pennsylvania and a BS degree in Mining Engineering from the Colorado School of
Mines in Golden, Colorado.
ON BEHALF OF THE BOARD
"Timothy J. Haddon"
Timothy J. Haddon, Chairman
About Midway Gold Corp.
Midway Gold Corp. is a precious metals company with a vision to explore, design,
build and operate gold mines in a manner accountable to all stakeholders while
assuring return on shareholder investments. For more information about Midway,
please visit our website at www.midwaygold.com or contact Jaime Wells, Investor
Relations Analyst, at 720-979-0900.
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October 15, 2014
Neither the TSX Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) nor the
NYSE MKT accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements about the Company and its business. Forward looking statements are
statements that are not historical facts and include, but are not limited to, statements about the Company's intended work
plans and resource estimates and potential offering of common shares of the Company from time to time. Forward-looking
statements are typically identified by words such as: “may”, “should”, “plan”, “believe”, “predict”, “expect”, “anticipate”, “intend”,
“estimate”, postulate” and similar expressions or the negative of such expressions or which by their nature refer to future
events. The forward-looking statements in this press release are subject to various risks, uncertainties and other factors that
could cause the Company's actual results or achievements to differ materially from those expressed in or implied by forward
looking statements. Other risks, uncertainties and factors include, without limitation, risks related to the timing and completion
of the Company's intended work plans, risks related to fluctuations in gold prices; uncertainties related to raising sufficie nt
financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from
weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and reali ze the
perceived potential of the Company's properties; uncertainties involved in the interpretation of drilling results and other tests
and the estimation of gold resources and reserves; the possibility that required permits may not be obtained on a timely
manner or at all; the possibility that capital and operating costs may be higher than currently estimated and may preclude
commercial development or render operations uneconomic; the possibility that the estimated recovery rates may not be
achieved; risk of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the
possibility of cost overruns or unanticipated expenses in the work program; changes in interest and currency exchanges rates;
local and community impacts and issues; environmental costs and risks; and other factors identified in the Company's SEC
filings and its filings with Canadian securities regulatory authorities. Forward -looking statements are based on the beliefs,
opinions and expectations of the Company's management at the time they are made, and ot her than as required by applicable
securities laws, the Company does not assume any obligation to update its forward -looking statements if those beliefs,
opinions or expectations, or other circumstances, should change. Although the Company believes that such forward-looking
statements are reasonable, it can give no assurance that such expectations will prove to be correct. For the reasons set forth
above, investors should not attribute undue certainty to or place undue reliance on forward-looking statements.
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